HAPSENG

Bonus Issue

HAP SENG CONSOLIDATED BERHAD

EX-date

15/07/2011
Entitlement date19/07/2011
Entitlement time05:00:00 PM
Entitlement subjectBonus Issue
Entitlement descriptionBonus issue of 1,214,643,000 new ordinary shares of RM1.00 each in Hap Seng Consolidated Berhad (“HSCB”) (“HSCB Shares”) (“Bonus Shares”), to be credited as fully paid-up, on the basis of two (2) Bonus Shares for every one (1) existing HSCB Share held by the entitled shareholders of HSCB as at 5.00 p.m. on 19 July 2011 (“Entitlement Date”) (“Bonus Issue”)
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd (378993-D)
Level 6, Symphony House,
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46,
47301 Petaling Jaya,
Selangor Darul Ehsan,

Peti Surat 9150
Pejabat Pos Kelana Jaya
46785 Petaling Jaya
Selangor Darul Ehsan,
Malaysia

Tel. No.: +603 7849 0777 (Helpdesk)
Fax. No.:+603 7841 8151 / 8152
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers19/07/2011 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit15/07/2011 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)1214643000 
Entitlement indicatorRatio
Ratio 2 : 1
Rights Issues/Offer Price

Remarks :
Based on the issued and paid-up share capital of HSCB as at 5 July 2011 of RM607,321,500 comprising 607,321,500 HSCB Shares (excluding 59,138,500 treasury shares), the Bonus Issue will entail the issuance of 1,214,643,000 Bonus Shares, to be credited as fully paid-up, on the basis of two (2) Bonus Share for every one (1) existing HSCB Share held by the entitled shareholders of HSCB, whose names appear in the Record of Depositors and/or Register of Members of HSCB on the Entitlement Date.

Please note that the Bonus Shares will be entitled to the Rights Issue With Warrants. To facilitate the commencement of the trading of the rights Issue on the market day following the Entitlement Date, the Bonus Shares will be credited to the CDS accounts (as applicable) of entitled HSCB shareholders on the evening of the Entitlement Date as "A" Shares for purpose of determining the entitlements to the rights issue. The "A" Shares would not be traded, quoted or listed on the Main Market of Bursa Securities. The "A" Shares will be converted into ordinary shares and willl be quoted and traded on the Main Market on same day as the Right Shares and Warrants which will be announced later.

Symphony Share Registrars Sdn Bhd, the share registrar of HSCB, is expected to issue and despatch the notices of allotment of the Bonus Shares to the entitled shareholders of HSCB on 11 August 2011.

This announcement is dated 5 July 2011.


Announcement Info

Company NameHAP SENG CONSOLIDATED BERHAD  
Stock Name HAPSENG    
Date Announced5 Jul 2011  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-110705-61274


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